This study investigates the relationship of asymmetric cost behaviour with earnings quality for European listed firms. We employ a sample that consists of 11,416 firm-year observations of European listed firms over the period 2005-2019 to explore the relationship of asymmetric cost behaviour...

We investigate the monetary linkage between aggregate accounting profitability changes and inflation. Recent previous evidence reveals a strong relation between aggregate earnings changes and the three components of expected stock market returns (i.e., real riskless rate, expected inflation, and...

We examine the relation between managerial ability and management forecast accuracy. We find that forecast accuracy is positively associated with managerial ability in the case of sales forecasts. Specifically, more able managers are associated with lower magnitude's forecast errors in the case...